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Amlin (APLCF) E10 : $0.70 (As of Jun. 2015)


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What is Amlin E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Amlin's adjusted earnings per share data for the fiscal year that ended in Dec. 2014 was $0.729. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.70 for the trailing ten years ended in Dec. 2014.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-05-29), Amlin's current stock price is $ 10.08279. Amlin's E10 for the fiscal year that ended in Dec. 2014 was $0.70. Amlin's Shiller PE Ratio of today is 14.40.


Amlin E10 Historical Data

The historical data trend for Amlin's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amlin E10 Chart

Amlin Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.57 0.64 0.69 0.70

Amlin Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.69 - 0.70 -

Competitive Comparison of Amlin's E10

For the Insurance - Property & Casualty subindustry, Amlin's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amlin's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Amlin's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Amlin's Shiller PE Ratio falls into.



Amlin E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Amlin's adjusted earnings per share data for the fiscal year that ended in Dec. 2014 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2014 (Change)*Current CPI (Dec. 2014)
=0.729/99.9000*99.9000
=0.729

Current CPI (Dec. 2014) = 99.9000.

Amlin Annual Data

per_share_eps CPI Adj_EPS
200512 0.661 80.300 0.822
200612 1.100 82.600 1.330
200712 1.371 84.500 1.621
200812 0.251 87.100 0.288
200912 1.508 88.900 1.695
201012 0.693 91.700 0.755
201112 -0.472 95.000 -0.496
201212 0.800 97.300 0.821
201312 0.969 99.200 0.976
201412 0.729 99.900 0.729

Add all the adjusted EPS together and divide 10 will get our e10.


Amlin  (OTCPK:APLCF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Amlin's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.08279/0.7
=14.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Amlin E10 Related Terms

Thank you for viewing the detailed overview of Amlin's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Amlin (APLCF) Business Description

Traded in Other Exchanges
N/A
Address
Amlin PLC was incorporated on September 17, 1993. The Company is engaged in non-life insurance and reinsurance underwriting in the Lloyd's market, Bermuda and Continental Europe. It specialises in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world. The group operates six segments through: Amlin London, consisting of the Reinsurance, Property & Casualty, Marine and Aviation business units, underwritten via Syndicate 2001; Amlin UK, underwriting commercial insurance in the UK domestic market, via Syndicate 2001 and Amlin Insurance (UK) Limited; Amlin Bermuda, which writes predominantly property reinsurance business, via Amlin AG, including reinsurance ceded by Syndicate 2001; Amlin Re Europe, which writes Continental European non-life reinsurance business, via Amlin AG; Amlin Europe, including Amlin Europe N.V., a provider of marine, corporate property and casualty insurance in the Netherlands and Belgium and specialty business in France; and Other corporate companies, comprising all other entities of the Group including holding companies.

Amlin (APLCF) Headlines

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